ArcelorMittal Brasil's earnings up 60% in Q4 2017

By Felipe Peroni / January 31, 2018 / www.metalbulletin.com / Article Link

Earnings at ArcelorMittal's Brazilian division rose by 59.9% year-on-year in the fourth quarter of 2017, due to increased volumes and prices.

Earnings before interest, taxes, depreciation and amortization (Ebitda) totaled $341 million in the October-December period, up from $213 million a year before, ArcelorMittal announced on Wednesday January 31.The company shipped 3.05 million tonnes of steel products in...

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